This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No Financial Debt Without Disbursement of Money to Corporate Debtor Under IBC
Case Law Details
- Case Name
- Amisha In Sky Creation Pvt. Ltd. Vs Sandeep D Maheshwari (NCLAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Amisha In Sky Creation Pvt. Ltd. Vs Sandeep D Maheshwari (NCLAT Delhi)
Mortgage of Property Without Loan Disbursement Held Not to Create Financial Debt; Claim Rejection Upheld as Security Creation Alone Does Not Establish Financial Creditor Status; Mortgage-Based Arrangement Held Insufficient to Confer Secured Financial Creditor Status; Post-Dated Cheques and Interest Clauses Held Insufficient to Establish Financial Debt.
Two appeals were filed under Section 61 of the Insolvency and Bankruptcy Code, 2016 against an order of the Adjudicating Authority (NCLT, Mumbai Bench) in ...
Author Info
